Victor is a 50% partner in Peterborough-Mechanics, a standard partnership, which was started on January 01, 2020. Victor contributed $50,000 to the partnership and agreed to share income and losses equally with another 50% partner. The partnership net income was correctly calculated as follows for the period ended December 31, 2020:

Business income	$420,000
Taxable capital gains	30,000
Allowable capital losses	-12,000
Net Income	$438,000

In addition, the partnership received a tax-free capital dividend of $28,000 and donated $16,000 to registered charities. These amounts are not included in the net income reported above. Both partners did not take any draws during the year. Required: 1) Determine the Victors adjusted cost base (ACB) for the partnership interest at January 1, 2021. 2) List 3 factors that may influence the value of Partnership-Interest.